DermTech (DMTK) versus Its Peers Head to Head Analysis

DermTech (NASDAQ: DMTK) is one of 37 publicly-traded companies in the “Medical laboratories” industry, but how does it compare to its competitors? We will compare DermTech to similar businesses based on the strength of its dividends, profitability, analyst recommendations, risk, institutional ownership, valuation and earnings.

Earnings and Valuation

This table compares DermTech and its competitors gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
DermTech $3.36 million -$19.69 million -3.98
DermTech Competitors $847.25 million $39.63 million 78.01

DermTech’s competitors have higher revenue and earnings than DermTech. DermTech is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Volatility and Risk

DermTech has a beta of 0.74, meaning that its stock price is 26% less volatile than the S&P 500. Comparatively, DermTech’s competitors have a beta of 1.19, meaning that their average stock price is 19% more volatile than the S&P 500.

Profitability

This table compares DermTech and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
DermTech -599.76% -69.48% -60.96%
DermTech Competitors -152.71% -37.06% -21.66%

Analyst Ratings

This is a breakdown of recent ratings and target prices for DermTech and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
DermTech 0 0 3 0 3.00
DermTech Competitors 265 901 1204 89 2.45

DermTech presently has a consensus target price of $22.00, suggesting a potential upside of 96.60%. As a group, “Medical laboratories” companies have a potential upside of 10.13%. Given DermTech’s stronger consensus rating and higher probable upside, research analysts plainly believe DermTech is more favorable than its competitors.

Institutional and Insider Ownership

50.1% of DermTech shares are held by institutional investors. Comparatively, 46.5% of shares of all “Medical laboratories” companies are held by institutional investors. 16.5% of DermTech shares are held by insiders. Comparatively, 16.1% of shares of all “Medical laboratories” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

DermTech competitors beat DermTech on 8 of the 13 factors compared.

About DermTech

DermTech, Inc., a molecular diagnostic company, develops and markets novel non-invasive diagnostic tests to diagnosis skin cancer and related conditions in the United States. The company offers Pigmented Lesion Assay (PLA), a gene expression test that helps rule out melanoma and the need for a surgical biopsy of atypical pigmented lesions. It also provides Nevome test, an adjunctive reflex test for the PLA; and adhesive skin sample collection kits, as well as gene expression assays for the Th1, Th2, IFN-gamma, and Th17 inflammatory pathways. The company is also developing non-melanoma skin cancer diagnostic and non-melanoma skin cancer risk assessment products. The company sells its products primarily to pathology and oncology practitioners. DermTech, Inc. is headquartered in La Jolla, California.

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